If you are involved in negotiations and transactions in PPP investment projects, international trade (Import & Export), and project finance structures, it’s a must that you understand the use of Bank Guarantees and Standby Letters of Credit (SBLC as differentiated from LC).

Listen to the official interpretation from the International Chamber of Commerce (ICC) on how to apply the revised rules on guarantee and standby letter of credit practice with focus on practical usage of these instruments, new definitions and many examples to highlight right practices vs. contentious errors and common pitfalls to avoid. We will provide you with a step-by-step approach to let you understand everything with clarity and precision. You will learn about the main differences between standbys and guarantees and how to implement and interpret these ICC rules in your everyday business transactions.

This two-day comprehensive program will feature the Uniform Rules for Forfaiting 800, Uniform Rules on Bank Payment Obligations & Uniform Rules on Demand Guarantees 758 which is adopted globally by all countries that you will need to learn for your business transactions. Attend and we will give you best practices advice, present you with solutions, and provide you a comprehensive checklist of drafting recommendations and ready-to-use model forms for maximum learning.